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Dec 6, 2012
12/12
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speaker boehner is saying all right, mr. president, you won the election, you want more taxes, we're willing to do that. we don't want to do it, we think it will hurt the economy, but we're willing to do it. but to minimize the damage on the economy, at least do it through eliminating these loopholes, these so-called deductions and credits and special provisions. don't try to do it by raising tax rates because that directly hits the small business that you're trying to help create jobs right now. here is what small businesses care about. like i said, you have a dad and his two sons. maybe mom does the accounting for the firm and so on. they have to be concerned about the estate tax. the small businesses spend a lot of money trying to plan around paying the estate tax. on january 1 if we don't do anything, there is only a million dollars exempted. if you have a small business with a bunch of trucks and equipment and like, you're going to have far more than a million dollars in assets in the business. same thing for a farm. an
speaker boehner is saying all right, mr. president, you won the election, you want more taxes, we're willing to do that. we don't want to do it, we think it will hurt the economy, but we're willing to do it. but to minimize the damage on the economy, at least do it through eliminating these loopholes, these so-called deductions and credits and special provisions. don't try to do it by raising tax rates because that directly hits the small business that you're trying to help create jobs right...
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Dec 6, 2012
12/12
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is still going to be a need next year, say march, to increase the debt limit and that was what john boehner used as is leverage a year-and-a-half ago in his talks with president obama so there's a belief on the part of democrats that they would like to get this idea in common circulation and also trying to manufacture some dialogue, the debt ceiling really isn't the kind of leverage that it was a year-and-a-half ago. you saw some of that from the president yesterday when he was talking more last week when he was talking about he is not going to play that game anymore. and then it turns out the democrats had enough votes, if it were to be put to a majority vote to pass it through the senate and instead, senator mcconnell insisted that it requires 60 to get past the filibuster. >> on the republican side how would they vote on the fiscal cliff for raising the debt ceiling help the gop make their case? >> guest: i am not sure it would, in all honesty. a lot of people, politically, don't know how effective it would be. >> any indication how things are going, how things are going behind-the-scene
is still going to be a need next year, say march, to increase the debt limit and that was what john boehner used as is leverage a year-and-a-half ago in his talks with president obama so there's a belief on the part of democrats that they would like to get this idea in common circulation and also trying to manufacture some dialogue, the debt ceiling really isn't the kind of leverage that it was a year-and-a-half ago. you saw some of that from the president yesterday when he was talking more...
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Dec 10, 2012
12/12
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at one point i found myself between -- i found myself between john boehner and tim geithner. i quickly backed up. [laughter] but it wasn't up to me to talk to a lot of colleagues on the house side and the senate side, gene and others. i told gene what i was going to say, and then i realized after the fact that i have no idea what he's going to say. so he did a good job finding out what i'm going to say. so i look forward to hearing his comments. >> many i came all the way from the other washington to let you all know my great grandfather died fighting for social security, and i'm not about to let the 2% take away these hard-won benefits from my generation. i'm here for my mom who's a public schoolteacher who spent the better part of 40 years educating our children. she deserves and needs to e retire next year. she's 64. i'm here for darlene, a -- [inaudible] native who receives her life saving blood pressure medication through medicare part d. i'm here for alice, an african-american grandmother of ten who receives treatment for her diabetes through medicaid. this woman worked
at one point i found myself between -- i found myself between john boehner and tim geithner. i quickly backed up. [laughter] but it wasn't up to me to talk to a lot of colleagues on the house side and the senate side, gene and others. i told gene what i was going to say, and then i realized after the fact that i have no idea what he's going to say. so he did a good job finding out what i'm going to say. so i look forward to hearing his comments. >> many i came all the way from the other...
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Dec 4, 2012
12/12
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that's the challenge i gave to the speaker today, speaker boehner. let the house vote. if they voted overwhelmingly, mr. president, one republican suggested, one republican house member that more than half of the republicans in the house would vote for giving the tax security to people who make less than $250,000 a year. so i say let's have speaker boehner call upon the republicans in the house to add 25 or so votes to what the democrats would do, and you'd have 218 votes and we could go on to taking care of the fiscal cliff. mr. president, my friend protests too much. the senate is broken and needs to be fixed and we need to change the rules. we change them all the time. last year we changed the rules. why? because, mr. president, what they were doing -- republicans -- just to stop and slow down everything, after two cloture votes -- remember that takes a long time to file two cloture petitions, a couple of days and then 30 hours. two cloture votes, 60 hours. you would think the debate was all over. oh, no, what they decided they were going to do is suspend the rules a
that's the challenge i gave to the speaker today, speaker boehner. let the house vote. if they voted overwhelmingly, mr. president, one republican suggested, one republican house member that more than half of the republicans in the house would vote for giving the tax security to people who make less than $250,000 a year. so i say let's have speaker boehner call upon the republicans in the house to add 25 or so votes to what the democrats would do, and you'd have 218 votes and we could go on to...
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Dec 6, 2012
12/12
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i think this is not good leadership, and i hope and i know senator mcconnell and speaker boehner have pleaded with the president to talk about these long-term systemic problems. social security, medicare, medicaid and interest on the debt is almost 60% of what we spend in this country, and they are growing at three times inflation rate. this is unsustainable. this is what erskine bowles, the man the president chose to head his debt commission, has warned us about. in fact, the house proposal that indicated they would accept an $800 billion tax increase was a good-faith attempt to reach out to the president based on what mr. bowles has said. they basically call it the erskine bowles plan. that's what he suggested. how the tax rates wouldn't go up, but the deductions would be eliminated. he would have a simpler, more flat tax system. you would bring in $800 billion more in revenue. they would use this revenue to help reduce our deficit. that's the kind of plan that's serious. but the president has hammered the house plan. secretary geithner says it is unacceptable. but it's erskine bowl
i think this is not good leadership, and i hope and i know senator mcconnell and speaker boehner have pleaded with the president to talk about these long-term systemic problems. social security, medicare, medicaid and interest on the debt is almost 60% of what we spend in this country, and they are growing at three times inflation rate. this is unsustainable. this is what erskine bowles, the man the president chose to head his debt commission, has warned us about. in fact, the house proposal...